Tidewater EVP sells 15,000 shares at ~$99
An executive vice president at Tidewater Inc. sold 15,000 TDW shares under a pre-arranged Rule 10b5-1 trading plan and now directly holds 33,029 shares.
Rhea-AI Filing Summary
TIDEWATER INC (TDW) reported that Daniel A. Hudson, its Executive Vice President, Chief Legal Officer and Corporate Secretary, sold 15,000 shares of common stock on September 2, 2026 in an open-market or private transaction at a weighted average price of $99.08 per share, with individual trade prices ranging from $99.03 to $99.16. The sale was carried out under a Rule 10b5-1 trading plan adopted on March 17, 2026, and following the transaction he directly holds 33,029 shares of Tidewater common stock.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 15,000 shares
Net Sell
1 txn
Insider
Hudson Daniel A.
Role
EVP, CLO & Corporate Secretary
Sold
15,000 shs ($1.49M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.001 par value F1, F2 | 15,000 | $99.08 | $1.49M |
Holdings After Transaction:
Common Stock, $0.001 par value — 33,029 shares (Direct)
Footnotes (2)
- F1. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 17, 2026.
- F2. The transaction was executed in multiple trades at prices ranging from $99.03 to $99.16. The price reported above reflects the weighted average sale price. Upon request from the SEC staff, the issuer, or a security holder of the issuer, the Reporting Person hereby undertakes to provide the requesting party with full information regarding the number of shares and prices at which the transaction was effected.
Key Figures
Shares sold: 15,000 shares
Weighted average sale price: $99.08 per share
Trade price range: $99.03–$99.16 per share
+2 more
5 metrics
Shares sold
15,000 shares
Common stock sale by Daniel A. Hudson on September 2, 2026
Weighted average sale price
$99.08 per share
Average price for the 15,000 TDW shares sold on September 2, 2026
Trade price range
$99.03–$99.16 per share
Range of individual trade prices within the September 2, 2026 sale
Shares held after transaction
33,029 shares
Direct holdings of Daniel A. Hudson following the reported sale
Rule 10b5-1 plan adoption date
March 17, 2026
Date the trading plan governing the reported sale was adopted
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 17, 2026"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The transaction was executed in multiple trades at prices ranging from $99.03 to $99.16. The price reported above reflects the weighted average sale price"
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
What insider transaction did TDW report for Daniel A. Hudson?
Tidewater Inc. reported that Daniel A. Hudson sold 15,000 shares of its common stock on September 2, 2026 in an open-market or private transaction at a weighted average price of $99.08 per share.
Was the TDW insider sale by Daniel A. Hudson under a Rule 10b5-1 plan?
Yes. The filing states that the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Daniel A. Hudson on March 17, 2026.
What is Daniel A. Hudson’s role at Tidewater Inc. (TDW)?
Daniel A. Hudson is disclosed as Executive Vice President, Chief Legal Officer and Corporate Secretary of Tidewater Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.